Best term deposit rates March 2020

The best term deposit rates on InfoChoice are over 2.0% pa in March 2020. The highest Australian term deposit rate in March 2020 on InfoChoice [...]

POSTED ON March 5, 2020
Top term deposit rates in February 2020

The best term deposit rates in Australia may not be available from your own bank. The highest term deposit rates in February 2020 on InfoChoice [...]

POSTED ON February 4, 2020
Top term deposit rates in 2020

The new year brings a new opportunity for savers and investors to review their accounts, compare returns and ensure they are getting the best rates [...]

POSTED ON January 15, 2020
Term Deposit Rate Update January 2020

In January 2020, InfoChoice’s top term deposits include products with market-leading rates, like the Green Term Deposit from UBank, Citi Australia’s term deposits and Judo [...]

POSTED ON January 7, 2020
Top 12–month term deposit rates in November 2019

Term deposits are popular with retirees, sophisticated investors wanting to diversify with cash and savers needing to lock their cash away. 12-month (1-year) term deposits [...]

POSTED ON November 25, 2019
Trending Financial News 25 November

Westpac share price crashes Westpac shares have crashed in two days of trading last week and may still fall further when markets open this week. [...]

POSTED ON November 25, 2019
Term deposit rate update November

Term deposit rates are under pressure as official interest rates fall closer to zero in Australia. The highest term deposit rate now on offer from [...]

POSTED ON November 12, 2019
Trending Financial News 12 November

Judo Bank faces heavyweight fight for name A legal battle over the name Judo has erupted with business lender and term deposit provider Judo Bank [...]

POSTED ON November 12, 2019
Trending Financial News 18 October

Pension day problems at Commonwealth Bank Commonwealth Bank services have been restored this morning after a major outage in core banking services affected Netbank, branches, [...]

POSTED ON October 18, 2019
Which bank calculates term deposit daily?

Calculating interest daily unlocks the power of compounding. It’s a big advantage. When you invest your money in a term deposit account you know that [...]

POSTED ON October 11, 2019
Which bank has the best term deposit rates?

If you’re thinking about opening a term deposit account to help you to achieve your savings goals then it’s important that you choose and open [...]

POSTED ON September 30, 2019
What is term deposit ‘rollover risk?’

At first sight, term deposits are pretty much the ideal, low–maintenance savings vehicles; you deposit your money, then sit back and wait for the term [...]

POSTED ON July 4, 2019
How to double your deposit in half the time

The cost of living isn’t getting any cheaper so if you’re saving up for a home deposit you might feel like you’re running an impossible [...]

POSTED ON June 27, 2019
Lock in your term deposit rates NOW

Interest rates are tipped to fall in 2019 and 2020 from the already low rates now being paid to savers. It’s entirely possible that there [...]

POSTED ON May 27, 2019
Why are bank deposits our favourite way to invest?

Australians prefer to save, invest and grow their money with bank deposits. Bank deposits, including savings accounts and term deposits, are, by far, our favourite [...]

POSTED ON September 15, 2016
Yes you can still find good term deposit rates

Term deposits are traditionally an important part of many saver’s strategies and often comprise a big part of retiree’s income streams. Term deposit rates have [...]

POSTED ON May 8, 2015
NAB has term deposits rates up to 4.5%

National Australia Bank is currently paying up to 4.50 per cent per annum for five year term deposits with interest paid annually. For interest paid [...]

POSTED ON September 20, 2013
Average 12m term deposit now 4.25%

Term deposit interest rates continue to fall but they are a long way off the lows experienced during the global financial crisis. Reserve Bank of [...]

POSTED ON December 18, 2012
Term deposits – how they work for you

Term deposits are simple savings accounts offered by banks, building societies and credit unions that pay a fixed rate of interest for a given term [...]

POSTED ON October 16, 2012
RaboDirect offering 6% on 5 year term deposit

People wanting to lock their savings into the government guaranteed safety of deposits can still get rates of six per cent said Andrew Murray, chief [...]

POSTED ON May 28, 2012
Great value term deposits get more popular

Almost half of our savings are now tied up in term deposits. The minutes of the April Reserve Bank board meeting revealed just how important [...]

POSTED ON April 23, 2012
CommBank increases term deposit rates

The Commonwealth Bank announced it will increase interest rates for its six month Term Deposit account by 0.20 per cent. The bank also announced standard [...]

POSTED ON February 14, 2012
Virgin Saver cuts rates and slows deposits

Virgin Money chief executive, Matt Baxby said he was pleased with the progress of the deposit account, Virgin Saver, although he did not say what [...]

POSTED ON January 30, 2012
Rich Aussies scared back to bank deposits

In 2010-11, the volume of funds flowing back to Australia from 13 major tax secrecy jurisdictions increased for the first time since 2007-08, the year [...]

POSTED ON January 5, 2012
Citi & Mystate have best 90day term deposits

Infochoice figures show that more than 30 institutions cut their term deposit rates over the past month. Reductions in 90-day deposit rates were in the [...]

POSTED ON December 1, 2011
Sophisticated term deposits working for Westpac

Westpac is betting that investors in term deposits will become more sophisticated in their use of the product and start to look for some diversification [...]

POSTED ON October 14, 2011
Australia Post to sell ING Direct term deposits

ING Direct will now sell term deposit products through Australia Post outlets, the Financial Review reports. Two thirds of its clients prefer to open an [...]

POSTED ON September 8, 2011
Depositors switching to AMP and Rabo

AMP Bank and Rabobank had the fastest-growing retail deposit books over three months. Of the big banks, ANZ recorded deposit growth of 1.1 per cent. [...]

POSTED ON August 1, 2011
Term deposits are not all the same

Most institutions will charge an interest “penalty” for early withdrawals of term deposits, meaning you can lose much of your interest, while some don't allow [...]

POSTED ON July 29, 2011
Stick to short term deposits

Investors should focus on short-term deposits or floating-rate securities to protect themselves against coming interest rate rises despite the Reserve Bank of Australia (RBA) leaving [...]

POSTED ON October 6, 2010
ASIC warns of dual pricing on term deposits

ASIC released the results of its ‘health check’ of the Australian term deposit market. Total term deposits in Australian Deposit Institutions (ADIs) grew by over [...]

POSTED ON March 2, 2010